Daikin posts higher profit on AC sales driven by European heat waves

US data center cooling demand and premium products also underpin earnings

Data centers and European heat waves buoyed Daikin Industries' operating profit to a record April-June high. (Photo by Kento Awashima)

OSAKA -- Daikin Industries grew operating profit by 8% on the year to a new record for the April-June quarter, expanding its market share in the Americas with data center cooling and benefiting from strong European sales amid heat waves.

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